HB 2049 Virginia House of Delegates · 2021 Regular Session

Electric utilities; eliminates customer credit reinvestment offsets.

Summary

Electric utilities; customer credit reinvestmentoffsets. Eliminates customer credit reinvestment offsets underwhich a utility is allowed, upon request, to reduce or eliminateamounts of overearnings that otherwise would be required to be creditedto customers by applying a customer credit reinvestment offset forexpenses on new solar and wind generation facilities and electricdistribution grid transformation projects.

Bill status passed both 4 of 5 stages cleared

Introduction

Jan 2021

Committee Review

Feb 2021

House of Delegates Passage

Feb 2021

Senate Passage

Feb 2021

Governor

Introduced Jan 12, 2021 Last action Feb 15, 2021

Floor votes · House of Delegates Feb 5, 2021

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 15, 2021

Upper · Passed

Passed by indefinitely in Commerce and Labor (11-Y 4-N)

upper

Feb 10, 2021

Committee

Assigned C&L sub: Energy

upper

Feb 5, 2021

Committee

Referred to Committee on Commerce and Labor

upper

Feb 5, 2021

Lower · Passed

Read third time and passed House (56-Y 44-N)

lower

Feb 2, 2021

Lower · Passed

Reported from Labor and Commerce (12-Y 10-N)

lower

Feb 1, 2021

Lower · Passed

Subcommittee recommends reporting (6-Y 4-N)

lower

Jan 14, 2021

Committee

Assigned L & C sub: Subcommittee #3

lower

Jan 12, 2021

Committee

Referred to Committee on Labor and Commerce

lower

Jan 12, 2021

Introduced

Prefiled and ordered printed; offered 01/13/21 21102818D

lower

1 primary · 17 co-sponsors